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Judge tosses part of Coles underpayments class action case
A judge has dismissed a portion of a lead applicant's claims in FWO and class action cases against Coles and Woolworths, while final declarations concerning underpayments by the supermarket giants remain to be made, almost one year after the companies were found liable for $780 million in back pay.
$750M class action against Murray Darling Authority fails at trial
A judge has dismissed a class action on behalf of irrigators in NSW and Victoria, alleging negligent management of water flowing through the Murray Darling system
KPMG partner defends Arrium audits ahead of $4B collapse
A KPMG partner who resigned in the wake of the firm's leaks scandal in May has defended his auditing of now defunct steelmaker Arrium, telling a court that inconsistencies were resolved through talks with management.
Arrium ex-chairman denies $400K share purchase to show ‘brave face’
The former chairman of collapsed Arrium has denied that his purchase of 750,000 shares was aimed at showing confidence in the company, attributing his purchase to a personal policy. 
McDonald’s franchisees need to ‘fish or cut bait’ in class action, judge says
McDonald’s franchisees named in an underpayments class action over alleged unpaid pre and post-shift work by managers need to decide by the end of the year whether they wish to be bound by agreed facts for the initial trial, a judge has said.
Arrium director failed to test crucial iron ore forecasts, trial told
A director of defunct Arrium has told a court he didn't believe it was necessary to revisit the steelmaker's iron ore price assumption before approving the company's 2014 accounts, even after the price fell significantly.
Construction PRO
Court finds new planning rules apply to 420MW solar farm appeal
A judge has found that new planning rules that make solar farm development applications more onerous in Queensland applied retrospectively to X-Elio’s proposed solar project in the Western Downs region. 
ASIC to appeal win for Rex directors over rosy forecast
The corporate cop is challenging a decision that tossed its breach of duty claims against three Regional Express board members over the company's continuous disclosure failures.
Arrium CEO denies forecasts based on rosy assumptions
On his fourth day giving evidence in a shareholder class action trial, Arrium’s former CEO has denied that the company relied on overly optimistic assumptions when making forecasts about its business, despite a history of missed targets.
Arrium CEO denies that steel recovery was a ‘pipe dream’
Collapsed steelmaker Arrium's former chief executive has testified during a shareholder class action trial that a five-year business plan projecting a 'V-shaped' turnaround was not an unrealistic pipe dream.